Road to COP21 and Beyond: The Missing Analysis of the Kyoto Protocol and its Failure By Michael Hoexter In this series, I will attempt to outline key issues facing policymakers as they meet in Paris at the UN’s Conference of the Parties-21 starting on November 30th and possibly culminating in a global climate treaty by … Continue reading → Road to COP21 and […]
MMT and Bernie Sanders L. Randall Wray Yesterday Senator Bernie Sanders gave an important speech in which he invoked President Roosevelt’s “second bill of rights” in defense of his platform. As Bernie rightly pointed out, all of Roosevelt’s New Deal social programs to which … Continue reading → MMT and Bernie Sanders
Here are the answers with discussion for yesterday’s quiz. The information provided should help you understand the reasoning behind the answers. If you haven’t already done the Quiz from yesterday then have a go at it before you read the … Read the rest of this entry »
Welcome to the Billy Blog Saturday Quiz. The quiz tests whether you have been paying attention over the last seven days. See how you go with the following questions. Your results are only known to you and no records are … Read the rest of this entry »
Can we save enough for out future pensions? No, as there is not enough capital… A) Superficial inspection of the graph above might suggest that Dutch pensions are safe. Aren´t the Dutch pension savings as a % of GDP the highest of the entire EU? And didn´t they increase quite a bit during the last […]
from Lars Syll The increasing use of natural and quasi-natural experiments in economics during the last couple of decades has led some economists to triumphantly declare it as a major step on a recent path toward empirics, where instead of being a deductive philosophy, economics is now increasingly becoming an inductive science. In their plaidoyer for […]
Purchase apps have been flat to down for quite a while now, and the year over year comp will be reflecting that in a few months as well: United States : MBA Mortgage Applications Highlights After spiking sharply in the prior when rates jumped and triggered concern they would move even higher, mortgage application volumes […] The post Mtg prch apps, Durable g […]
Note kindly translated by Anne-Marie de Grazia The blatant aggression committed by Turkey against a Russian military airplane within Syrian air space  has changed the regional ratio of power, but not necessarily in...
L’agression caractérisée commise par la Turquie à l’encontre d’un avion militaire russe dans l’espace aérien syrien a modifié les rapports de force régionaux, mais pas nécessairement dans le sens souhaité par le gouvernement turc....
Par Bill MitchellThe dreaded NAIRU is still about!16 Avril 2009Traduction collective avec Frapper MonnaieBill Mitchell est Professeur de recherche en économie et Directeur du Centre du Plein Emploi et Équité (CofFEE), a l'Université de Newcastle, NSW Australia.L’épouvantable NAIRU est toujours d’actualité ! Je pensais – de façon optimiste – qu'il d […]